Modern apartments with one-two bedrooms and commercial premises, Funchal, Madeira

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Portugal, Funchal
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53 m² — 96 m²
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1—2 Bedrooms
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1—2 Baths
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ID PRT274802

from €350,000

53 m² • from €4,687.5 m²
Elena Kozyrevaexpert of the Portugal residence permit program for investment
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Portugal D7 Visa

4+ months€820+

Portugal does not grant residence permits for investments in real estate under the Golden Visa program.

However, property purchase or rental is obligatory when obtaining a residence permit under a D7 visa.

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Cost

Property cost

€350,000 — €450,000

Price for m²

€4,687.5 — €6,603.77

Purchase taxes

IMT - 6,5%; IMI - 0,3-0,8%

State fees

0,8%

Distances

Ocean 600 m
Infrastructure 100 m
Airport 24 km

Yield and management

Yield

3-5%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

This object is located in the town Funchal, Madeira. All necessary infrastructure is in the close proximity: shops, restaurants, cafes, educational institutions. Nearby there are such attractions as the Palace with the tropical garden "Monte", the Funchal Cathedral, the Monastery of Santa Clare, etc.

For sale are offered apartments with 1-2 bedrooms and a commercial space (shop - 55 sq. m, 350 000€) with views of the ocean, green spaces, city, located in a residential complex. Renovation is being carried out using modern technologies and preserving historical heritage. Modern design, stylish architecture, decoration in soothing colors create a comfortable environment. Floor-to-ceiling windows fill the rooms with sunlight.

The living rooms have separate dining areas that can comfortably accommodate six people, providing an ideal setting for family and friends' gatherings. Private balconies allow residents to enjoy the beauty of the rising sun and the pleasant Atlantic climate.

Advantages of the project:

  • stylish design
  • developed infrastructure
  • built-in wardrobes
  • high-quality plumbing
  • unique living space
  • combination of tradition/modernity
This object is suitable for 350 000€ option.

Real estate

Object category

Secondary

Object stage

Construction

Permits

Yes

Object completion date

2025/2026

Design features

Ownership

Characteristics

Total area

53 m² — 96 m²

Number of storeys

4

Bedrooms

1—2

Baths

1—2

Parking

No

Renovation

Standard

Furniture

Partially furnished

View

Ocean, City, Garden, Road

Equipment

Central conditioning

Properties

Elevator
Balcony
Garden on the plot
Terrace
Internet
TV

Location

Schedule a meeting

Let's discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

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